41-Unit Apartment
4827 N 6TH STREET 35 Philadelphia, PA 19120
For Sale
$4,715,000
Three-building portfolio with 41 units, primarily one- and two-bedroom apartments, with water and sewer bill-backs in place.
Days on Market102
Property Features for 4827 N 6TH STREET 35
General Information
- Standard status
- Active
Building Details
- Year Built
- 1966
Listing Agency:
TCS Management, LLC
(215) 383-1439
Listed By:
Alex C Prince · License #RS322309
Source:
Kingswayrealty
Added: Apr 15
Changed: Jul 22
Last Checked: Jul 25 at 2:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TCS Management, LLC
Investment Insights
Based on property information with market context.
Offered for sale as a package, this 41-unit apartment portfolio includes 4825 N Camac St (13 units), 4510 N Lawrence St (11 units), and 4827-35 N 6th St (17 units). The unit mix is primarily one- and two-bedroom apartments, with 26 one-bedroom units, 14 two-bedroom units, and one four-bedroom unit.
Current average in-place rents are approximately $1,226 per month for one-bedroom units and $1,207 per month for two-bedroom units, with the four-bedroom unit leased at $1,450 per month. Public remarks note current rents are approximately 10–15% below market for comparable one- and two-bedroom units, and that the current ownership has implemented water and sewer bill-backs.
The portfolio is located in a dense residential corridor in North Philadelphia, Pennsylvania. It is described as benefiting from access to retail corridors along Broad Street and Roosevelt Boulevard, and nearby grocery stores including ShopRite, ACME, and Aldi, along with national retailers, pharmacies, and restaurants in the immediate neighborhood. The properties are also noted as being near public transit, major roadways, universities, and Jefferson Einstein Philadelphia Hospital.
Current average in-place rents are approximately $1,226 per month for one-bedroom units and $1,207 per month for two-bedroom units, with the four-bedroom unit leased at $1,450 per month. Public remarks note current rents are approximately 10–15% below market for comparable one- and two-bedroom units, and that the current ownership has implemented water and sewer bill-backs.
The portfolio is located in a dense residential corridor in North Philadelphia, Pennsylvania. It is described as benefiting from access to retail corridors along Broad Street and Roosevelt Boulevard, and nearby grocery stores including ShopRite, ACME, and Aldi, along with national retailers, pharmacies, and restaurants in the immediate neighborhood. The properties are also noted as being near public transit, major roadways, universities, and Jefferson Einstein Philadelphia Hospital.
Key Highlights
- 41‑unit apartment portfolio across three buildings in North Philadelphia, PA
- Unit mix includes 26 one‑bedroom units, 14 two‑bedroom units, and 1 four‑bedroom unit
- 4825 N Camac St: 13 units; 4510 N Lawrence St: 11 units; 4827‑35 N 6th St: 17 units
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Three-building portfolio with 41 units, primarily one- and two-bedroom apartments, with water and sewer bill-backs in place.
Where is this apartment building located?
The property is located at 4827 N 6TH STREET 35 Philadelphia, PA.
What is the asking price?
The asking price for this property is $4,715,000.
What are key features of this property?
This property features: 41‑unit apartment portfolio across three buildings in North Philadelphia, PA; Unit mix includes 26 one‑bedroom units, 14 two‑bedroom units, and 1 four‑bedroom unit; 4825 N Camac St: 13 units; 4510 N Lawrence St: 11 units; 4827‑35 N 6th St: 17 units
